As the state of the banking system in the United States is not as good as we would think it should be, this is because the banking sector has been slow to adopt the changing trends in the international banking and now the customers are turning to private investment startups that are taking away the business from the traditional banks.
As the traditional banking sees a decline in trend, we expect the whole banking sector might be tanking, but keeping it just above the surface has been a task that the investment banking has been pulling alone. The investment banking sector has been doing exceptionally well as there is a rise in the IPO (Initial Public Offering) and the registration of the new startups is set to rake in new investments that’s going to make all the difference to the banking sector. Barclays, the British lender has reported an overall loss in the third quarter reports of the company that were released on Friday 25th of October. The investment banking of the firm has been a strong suit of the company and has managed to keep the company financially viable but will be considering some layoffs. Investment banking businesses were up by a good 6 percent on the dollar basis, and stayed in terms of growth in line with the banks of the nation.
We hope that the investment banking continues to grow but the banks should also be benefitted by the growth of these investments.
Tags : Investment banking, weight of banks failures,